Renaissance Technologies LLC Grows Position in Chase Co. (NYSEAMERICAN:CCF)

Renaissance Technologies LLC boosted its stake in shares of Chase Co. (NYSEAMERICAN:CCF) by 0.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 378,400 shares of the construction company’s stock after buying an additional 500 shares during the quarter. Renaissance Technologies LLC’s holdings in Chase were worth $40,731,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. raised its holdings in Chase by 3.0% during the first quarter. GHP Investment Advisors Inc. now owns 5,648 shares of the construction company’s stock valued at $523,000 after acquiring an additional 165 shares during the period. Swiss National Bank raised its holdings in Chase by 2.2% during the second quarter. Swiss National Bank now owns 14,000 shares of the construction company’s stock valued at $1,507,000 after acquiring an additional 300 shares during the period. NEXT Financial Group Inc bought a new stake in Chase during the second quarter valued at about $37,000. Anchor Capital Advisors LLC raised its holdings in Chase by 13.2% during the second quarter. Anchor Capital Advisors LLC now owns 3,090 shares of the construction company’s stock valued at $333,000 after acquiring an additional 360 shares during the period. Finally, Aperio Group LLC bought a new stake in Chase during the second quarter valued at about $41,000.

In other news, insider Peter R. Chase sold 600 shares of Chase stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $108.34, for a total value of $65,004.00. Following the sale, the insider now directly owns 95,605 shares of the company’s stock, valued at $10,357,845.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Peter R. Chase sold 500 shares of Chase stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $109.09, for a total value of $54,545.00. Following the completion of the sale, the insider now directly owns 95,605 shares in the company, valued at $10,429,549.45. The disclosure for this sale can be found here. Insiders sold 2,600 shares of company stock worth $285,509 over the last ninety days.



NYSEAMERICAN:CCF traded up $1.51 on Thursday, reaching $108.00. 676 shares of the company’s stock traded hands, compared to its average volume of 27,616. Chase Co. has a 12 month low of $80.51 and a 12 month high of $127.90.

Chase (NYSEAMERICAN:CCF) last posted its quarterly earnings results on Tuesday, July 9th. The construction company reported $0.92 EPS for the quarter. The business had revenue of $72.11 million for the quarter.

Separately, TheStreet raised Chase from a “c+” rating to a “b-” rating in a report on Monday, June 10th.

About Chase

Chase Corporation manufactures and sells protective materials for various applications worldwide. It operates through two segments, Industrial Materials and Construction Materials. The Industrial Materials segment offers insulating and conducting materials to wire and cable manufacturers; laminated film foils for use in communication and local area network cables; moisture protective coatings for the electronics industry; laminated durable papers, including laminated papers for envelope converting and commercial printing industries; pulling and detection tapes for fiber optic cables, and water and natural gas lines, as well as power, data, and video cables; cover tapes for semiconductor components; advanced adhesives, sealants, and coatings for automotive and industrial applications; polymeric microspheres; water-based polyurethane dispersions for various coating products; and superabsorbent polymers.

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Institutional Ownership by Quarter for Chase (NYSEAMERICAN:CCF)

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